Three Companies With... Stocks That Are Set to Double [Video]
Jan 18th 2011 12:50PM
Updated Jan 18th 2011 12:57PM
As the stock market continues to climb, it's getting harder to find stocks that are seriously undervalued. But that's where it can often be useful to turn to the experts. Hilary Kramer, editor of GameChangerStocks.com, says that there are three stocks that she is carefully watching -- that she thinks could easily double from their current levels.
All three of these stocks are e-commerce companies. Hardly surprising -- according to a recent report by Forrester Research -- online sales is rapidly growing -- from 42% of all retail purchases in 2009, to an expected 53% by 2014.
In this short video, Hilary talks about the prospects for SuperMedia (SPMD), an Internet-based yellow pages and a social media play as well. She sees big upside opportunity for this company and says it could be an acquisition candidate.
Another company she likes: MakeMyTrip (MMYT). This online travel company went public in August 2010 and consumers in India are increasingly using it to buy air tickets, train and bus tickets and rent cars along with booking hotels, and buying travel insurance.
Finally, Kramer talks about a hot Chinese play: E-Commerce China Dangdang (DANG). The company, which just went public in December, is widely considered the Amazon of China. Enough said.
Hilary Kramer is editor of GameChangerStocks.com
Come See Hilary Kramer at the World Money Show in Orlando, Fl., February 9 to 12, 2011.